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https://worthwhile.typepad.com/worthwhile_canadian_initi/2016/07/whats-wrong-with-airbnb.html In the first pair of graphs, which industry has a demand curve that is more inelastic, the short- or the long-term accommodation industry? Why
https://worthwhile.typepad.com/worthwhile_canadian_initi/2016/07/whats-wrong-with-airbnb.html
In the first pair of graphs, which industry has a demand curve that is more inelastic, the short- or the long-term accommodation industry? Why do you think this is the case?
Explain the distributive effect of Air B&B, noting one group of consumers who wins, and one group who loses. Don't tell me about suppliers like hotels who lose and renters who win, talk about people who demand rentals.
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